New Westminster Real Estate

Refine your New Westminster real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in New Westminster.

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Home Prices in New Westminster

The asking price of homes for sale in New Westminster has increased 11.13% since May last year, while the number of homes for sale has increased 20.85%. See more New Westminster Home Prices & Values.

House
Median Asking Price
$1.4M
103 Houses
Townhouse
Median Asking Price
$919K
33 Townhouses
Condo
Median Asking Price
$579K
156 Condos

New Westminster MLS® Listings & Real Estate

Zolo has the most detailed, up-to-date set of New Westminster real estate listings. Discover homes listed on the New Westminster MLS® system, including nearby cities, property types, and neighbourhoods. At the moment, New Westminster has 321 homes for sale, including 103 houses, 156 condos, and 33 townhouses on the market. The average sold price for all home types in New Westminster is $710K, which is 13% higher than May 2017. See our New Westminster average house price stats for a more detailed analysis on average home prices, housing inventory, and days on market.

New Westminster is home to 12 unique neighbourhoods. With Zolo you'll be able to find the most popular New Westminster neighbourhoods, the highest-rated schools in the city, and evaluate nearby amenities. Take a look at the upcoming open houses in New Westminster to tour homes in person. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

Our New Westminster MLS® Listing data is added every 15 minutes to provide you the most-up-to-date home listings. Reach out to one of our New Westminster REALTORS® to get started on landing your dream home today.

New Westminster City Guide

66K
Population
12.7%
Population Growth
8%
Unemployment

Located in British Columbia, the city of New Westminster has a population of 65,976. The 12.7% population growth for this city is above average when compared to other Canadian cities.

There are 31.82% of immigrants in in New Westminster, 6.67% of which are recent immigrants to Canada. Other than English, the most common language spoken is Panjabi (Punjabi), with 4% of residents reporting it as their mother tongue. The largest cultural community within New Westminster is English at 24%, followed by Scottish at 18% and Irish at 15%.

New Westminster offers good employment opportunities with an unemployment rate that sits near 8%, which is above average when compared to other cities. Approximately 61% of residents hold a university degree. Residents can expect good quality of life in New Westminster based upon a below average median family income of $54,664.

According to Statistics Canada 65% of New Westminster residents drive. About 18% of residents that are already established within the city will move within a year, while 51% will move within five years.

New Westminster's population is lower than average when it comes to homeownership, with 56% owning a home and 44% renting. The median monthly mortgage cost is estimated to be about $1,338, which is average when compared to renters in other Canadian cities.

In the Canadian real estate context, New Westminster is a good place to set down roots.

Neighbourhoods

New Westminster is acknowledged as the city for excellent communities. To guide you to acquire the most identify neighbourhood to stay consider each of New Westminster's 12 neighbourhoods. Better still, spend the weekend appraising open houses in New Westminster. Ask the real estate agent on duty about the area. Their local knowledge will assist in narrowing down the best spot to set up roots in the Canadian real estate market.

Neighbourhood
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1Moody Park 100% 100% $1.4M 7
2Quay 77% 67% $591K 34
3Downtown Nw 72% 75% $529K 37
4Sapperton 72% 72% $467K 21
5West End Nw 77% 54% $1.2M 16

Nearby Cities

Plenty prospective homeowners decide houses for sale in districts that are further from New Westminster's downtown core. Suburban communities usually offer larger homes on larger lots. For even more options, consider commuting into New Westminster's core from a nearby city, such as Surrey, , and . Even neighbouring cities that require a bit of a longer commute, such as , , and , are good options as they proffer good housing options, often at more affordable prices.

City
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1New Westminster 60%60%$686K313
2Port Coquitlam 58%54%$738K248
3Port Moody 55%51%$829K128
4Pitt Meadows 56%47%$686K82
5Langley 54%45%$730K967

Demographics

Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of New Westminster’s demographics, including median age, schools and income, using census information from Statistics Canada.

44%
Rent
56%
Own
$830
Monthly Rent (Median)
$1,338
Monthly Mortgage (Median)
16,165
Total Families
$54,664
Family Income (Median)
41
Age (Median)
61%
College Educated

Schools

For those interested in buying Canadian real estate in order to raise a family, take heart: New Westminster is home to top-rated elementary and secondary schools. To help you narrow down your New Westminster housing market search, here’s the top five schools in each category. (Learn more in our school guide.)

Elementary Schools

7.2 Herbert Spencer
5.5 Lord Tweedsmuir
5.5 Queen Elizabeth
4.9 Lord Kelvin
n/a F W Howay

Secondary Schools

6.9 New Westminster

Commuters

According to Statistics Canada, residents in New Westminster use a variety of ways to get around.

65%
Drive
29%
Transit
1%
Bike
6%
Walk

Latest Real Estate News

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new-westminster
The listing data is provided under copyright by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver. The listing data is deemed reliable but is not guaranteed accurate by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board, Real Estate Board of Greater Vancouver, nor Zolo.